How to Buy Loopring (LRC) in Armenia

A Step-by-Step-Guide on how to buy Loopring (LRC) in Armenia

Step 1 – Signup to Coinmama

You'll first need to purchase units of the bigger coins. Exchanges commonly accept either ETH (Ethereum) or BTC (Bitcoin) in exchange for alternative Coins. Click the button below for registration and getting your ETH (Ethereum) or BTC (Bitcoin).

Binance Signup
Step 2 – Transmit Your Funds to an Crypto Exchange

Your BTC (Bitcoin) or ETH (Ethereum) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is similar. Loopring (LRC) is accessible on Binance, so we will use that as an example. Unsure on how to send Coinbase funds to an Crypto Exchange? (Just follow this how-to)

Make sure you've selected the exact coin you would like to deposit.

Bitcoin must be sent to a Bitcoin deposit address, Ethereum to an Ethereum deposit address, etc. In the case you are dealing with a decentralized exchange, such as Airswap or DDEX could be opposed (Just follow these easy steps).

Step 3 – Find {Loopring (LRC)|(LRC) Loopring}

Once your deposit has been verified, you'll directly have access to your assets and you can start purchasing and trading. To invest in {Loopring (LRC)|(LRC) Loopring} on Binance, you'll want to go to the tab which is called “Exchange” and after that mouse click on “Basic”.

To spot {Loopring (LRC)|(LRC) Loopring}, you'll need to put the cointype (LRC) into the search box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this also. Click on “LRC/BTC” to go on.

{How to buy Coin on Binance 1|Binance How To Buy 1} Loopring (LRC)
Step 4 – Purchase {Loopring (LRC)|(LRC) Loopring}

After you've found {Loopring (LRC)|(LRC) Loopring}, you'll be presented with a Chart with Prices (in the Center of the picture) and some Order Books (on the Left of the picture). For now we're creating our Limit Order.

The ”Price” field will be filled automatically with the most up-to-date rate {Loopring (LRC)|(LRC) Loopring} was traded for. This can be changed to your desired rate. The ”Amount” field is the volumen of LRC you like to purchase. The field with the “Total” tag is the whole price in BTC that you'll pay for the whole volumen of LRC.

If you're glad, make a mouse click on “Buy LRC”. Your order will be filled when a Vendor trades their LRC for the price you gave.

Step 5 – Withdraw {Loopring (LRC)|(LRC) Loopring}

Unless you are frequently trading, best advise is not to keep coins on an Exchange for an extensive time period. In order to withdraw your {Loopring (LRC)|(LRC) Loopring}, go to the ”Funds” tab and mouse click on “Withdraw”. {Loopring (LRC)|(LRC) Loopring} can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate {Loopring (LRC)|(LRC) Loopring} by using the provided drop-down box. Drop in the amount of {Loopring (LRC)|(LRC) Loopring} you would wish to withdraw. Take into account the shown minimus/fees. Also make sure you have entered your correct withdraw address.

When you are glad, click on “Submit”. You could be requested for phone/email verification ahead of a withdrawal.

Congrats! You've successfully bought and safed Loopring (LRC) in Armenia.

That's it!

Withdrawals from Crypto Trader can durate between 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Ethplorer.io or Etherscan.io and the {Loopring (LRC)|(LRC) Loopring} is safe within your wallet, you're finished.

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